One of Massachusetts’ largest employers is planning to offload more than half a million square feet of Boston-area real estate in preparation to move into its new global headquarters.
Takeda Pharmaceuticals listed 630K SF for sublease across three Cambridge properties, CoStar first reported. The company plans to vacate roughly 200K SF each at 35 Landsdowne St., 40 Landsdowne St. and 300 Massachusetts Ave.
The move comes as Takeda’s new headquarters, BioMed Realty’s 585 Kendall St., is gearing up to open.
BioMed, along with Suffolk Construction, celebrated the topping-off ceremony for the Kendall Street building in January 2025. The firm acquired the vacant parcel where…